2,934 New PMP Id 1028 project management is concerned with managing which type of project Questions & Answers with explanation
2181.
Which of the following processes goes beyond the distribution of relevant information and seeks to ensure that the information being communicated to project stakeholders is appropriately generated, as well as received and understood?
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2182.
Eric, a project manager, is a certified PMP. He is responding to an RFP from a buyer and needs to fill in details on his company’s financial performance. His company has performed poorly during the current quarter, and the results will be published in two to three days. However, the company has done very well in the previous quarters. The RFP is due in 10 days, and all the information in the RFP is complete except the financial information. What should Eric do?
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2183.
You are managing a project with more than 130 procurement contracts. Because of the number of contracts, your project team includes a procurement manager and a procurement assistant. Company policy requires that certain types of procurements be advertised to potential bidders by means of newspaper advertisements. The procurement assistant typically reviews the bids received and shortlists the suppliers for further review by the procurement team. During a meeting to review and select a vendor from the shortlisted suppliers, you discover that one of the suppliers is a company your cousin owns. Which of the following is your best course of action?
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2184.
A buyer and seller are looking at getting into a long-term relationship spanning 10 years. Both parties would like to be protected from the unstable financial conditions of their country, which are beyond their control. What type of contract is appropriate for such a relationship?
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2185.
You are working for a large project organization with several project managers working on 15 projects. All project managers submit their status reports at month’s end. One of your fellow project managers, Jane, has reported an error in the past two months. From discussions with one of her project’s team members who is also working on one of your projects, you realize Jane is deliberately misreporting the project’s status to inflate her performance for the annual performance appraisal next month. The monthend review meeting is in two days, and you are preparing your own presentation for it. What should you say about her status report?
Select one
2186.
In a textile manufacturing project, a team divided the project work into 35 work packages and assigned a few work packages to the design department for review. After the review, the manager of the design department requested that the team further divide the work packages into more manageable work components for estimating and scheduling resources. Which of the following techniques should the team use to satisfy the manager's request?
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2187.
To assist with the selection of a supplier for a large procurement on your project, you have hired a consultant. The consultant has prepared an independent estimate to be used as a benchmark while reviewing bids on the RFP. The independent estimate is confidential and is not shared with any bidders. When the sealed bids are opened, you discover that only one supplier has submitted a quote lower than the independent estimate. All other quotes are 45 percent to 70 percent higher than the benchmark. While discussing this development with members of the project team, you learn a distant relative of the consultant owns the company with the lowest bids. What is the best course of action?
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2188.
For many procurement items, the procuring organization can either prepare its own cost estimates or have an outside professional estimator prepare a cost estimate. This estimate serves as a:
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2189.
Marvin has worked for a retail company as a project manager. With his positive thinking and strong managerial skills, he turned many potentially disastrous projects into successes. Because of his expertise, his employer’s senior executives offered him a group project manager position for a newly started environmental project. However, Marvin learned that, in his newly assigned project, he might have to offer bribes to obtain government licenses. What should Marvin do in such a situation?
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2190.
Which of the following is not an example of soft skills?
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